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was born in detroit. best export, >> yeah. we had madonna from detroit and also tons of votes for kid rock. i mean music is a huge, huge part of detroit. and, of course, that's it for "way too early." "morning joe" starts right now. ♪ >> good morning, everyone. welcome to a special edition of "morning joe." it's thursday, august 29th. we're going to have a great time here in detroit. we're live from the ford flat rock assembly line. just outside of detroit in flat rock, michigan. and this is an active assembly line, about to get busier as the morning progresses. >> unbelievable news today, ford is actually returning the production of the ford fusion to this plant. >> big news. >> from mexico. it's a $555 million commitment and what does that mean? that means more jobs for americans. >> about 1400. >> great news. >> we're going to speak with ford ceo alan mullally and coo mark fields about this important investment in u.s. manufacturing and what it will mean for the overall economy. >> and we're here to tell the story of detroit as well as the city's bankruptcy, it's been in the news, it'
. >> you'll hear dreamers say we have to rebuild detroit and make it what it once was. it can't be that. there's only two auto factories left in the city limits. those jobs will never come back. what we have to do is create a new, different detroit with modern jobs, modern families, modern households. we'll never repopulate to 1.9 million but we could do better than 700,000. >> this morning it's a special live from detroit because as it teeters on the edge, it's also showing signs of life. >>> morning everybody. it is thursday, august 28th, we are live at the ford plant in flatrock, michigan. now they make the iconic mustang here that i drove in on and soon they'll add more than 1400 jobs to make this car, the ford fusion. it's right now being made in mexico but they are expanding it because it's so popular and they'll make them here. we'll talk a lot more about the auto industry here in detroit and the impact of motown music on the city. all that in a few minutes. but first, the latest on syria. the white house is forging ahead with preparations to launch some sort of attack and believ
pushing to raise taxes again. did motown collapse? did detroit that those plans ♪ [ villain ] well mr. baldwin... it appears our journey has come to a delightful end. then i better use the capital one purchase eraser to redeem my venture miles for this t trip. purchase eraser? it's the easy way to erase any recent travel expense. i just pick a charge, like my flight with a few taps, it's taken care of. impressive baldwin. does it work for hotels? absolutely thank goodness. mrs. villain and i are planning our... you scare me. and i like it. let's go what's in your wallet? and this pk is the inside of your body. see, the special psyllium fiber in metamucil actually gels. and that gelling hes to lower some chesterol. metacil. 3 amazing benefits in 1 super fib. back now to forbess on fox. >> here we go again. senate majority leader harry reid wants to raise taxes before reforming the tax code by a trillion bucks and the republans are open to hiking them as part of a debt deal. we saw detroit go bankrupt and it has the highest city tax rates in the nation. emacyo say it proves high taxes d
and about with them today. >>> detroit's emergency manager downplays the city struggles we get the real store from the motor city. >>> reminder, don't forget to check out chris matthews at 7:00. too big. too small. too soft. too tasty. [ both laugh ] [ male announcer ] introducing progresso's new creamy alfredo soup. inspired by perfection. new creamy alfredo soup. cashback concierge, here. what is a cashback concierge? well there's lots of ways you can get cash back. i'm here to help you get the most out of your cash rewards. it's personalized, and it's free. i want that. we have a concierge! at discover, we treat you like you'd treat you. get the it card with cashback concierge. >>> social media has decided. here are this week's top trenders. >> they're not as bright, i don't care what they say. >> i fire the person that starts to purchase fluorescent light bulbs. stu, from you, i would like a memo that global warming is a pile of crap. >> glenn beck joins the anti-green team. >> the pigtail as we call it. we don't need the light bulb police umpts the energy-efficient, ugly and smelly
. >>> this morning, the bankrupt city of detroit is a step closer to gnaw mayor. but new york city's mayor michael bloomberg says detroit's financial disaster should serve as a warning to all u.s. cities. >> the reality is we may be a long ways from detroit, but only a short ways from relapsing into decline if we allow health care and pension benefits to crowd out the investments that new york city -- makes new york city a place where people want to live, work, study, and visit. >> in detroit, wayne county sheriff polian and ceo mike dugan emerged as the top vote getters in yesterday's mayoral showdown. that means detroit where 82% of the population is now black would elect its first white mayor in four decades and they scare off in november for a job that doesn't have any significant power since a state emergency manager controls the purse strings there. let's bring in thomas sugrew who is a detroit native and author of "the origins of urban crisis race and inequality in post war detroit." >> good morning. >> detroit did crushed by skyrocketing pension and health benefits and why mayor bloomering
any republicans. >> thank you. >>> next, detroit may be the canary in the coal mine but how can it be that banks are too big to fail but our cities are on their own. this is your first time missing a payment. and you've got the it card, so we won't hike up your apr for paying late. that's great! it is great! thank you. at discover, we treat you like you'd treat you. get the it card with late payment forgiveness. [ crashing ] [ male announcer ] when your favorite food starts a fight, fight back fast with tums. trusted heartburn relief that goes to work in seconds. nothing works faster. ♪ tum, tum tum tum tums! plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. with 7 antioxidants to support cell health. one a day women's 50+. with 7 antioxidants to support cell health. "stubborn love" by the lumineers did you i did. email? so what did you think of the house? did you see the school ratings? oh, you're right. hey babe, i got to go. bye daddy! have a good day at school, ok? ...but what about when
of despair looms large over motown, detroit's next mayor will be former hospital chief mike duggin or the man we'll meet this morning, wayne county sheriff benny napoleon. august 27th, this is "the daily rundown." lets get to my first reads of the morning. secretary of state john kerry laid out an aggressive case for intervention in syria arking evidence of the largest chemical attack in decades is undeniable. the latest escalation with a steady drum beat by the united states and its allies, which is clearly a leadup to military action. >> the killing of women and children and innocent bystanders by chemical weapons is a moral obscenity. president obama has made clear to the outside regime that this international norm cannot be violated without consequences. >> it's an important phrase. you heard it a lot, not just from john kerry but jay carney, international norm, significant, ready for strike significant on three main tracks, one, intelligence community backing up conclusions the chemical attack was launched by the regime. that could happen as early as today. two, determination of a legal
the potential space revolution. liz: you do not want to miss that. could detroit rise like a phoenix from the ashes bankruptcy? you remember we said buy low? ceo of a company of a high-end watchmaker who is betting the motor city can pull off a remarkable recovery. ♪ she knows you like no one else. and you woul't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flow. alis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your abily to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your art is healthy enough for sexualctivity. do notake cialis if you takeni, art is healthy enough as this may cause an unsafed. do nodo not drink aohol takeni, ain excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection la
watching. we will watching out for you. ♪ ♪ >> david: well, first detroit goes bust. will new york and chicago be next? the mayors of those two cities warning that their public pension costs are growing totally out of control, which is really what did in detroit. and many other cities are facing the same time bomb. is this proof it's time to scrap public pensions before they all go bust? hi, everybody. i'm david asman. welcome to "forbes on fox." let's go in focus with steve forbes, john candy, rich carlguard, elizabeth mc donald. should we scrap the public pensions? >> yes. get rid of them. what is public service? a sacrifice. it's supposed to be a short-term sacrifice before you go to the private sector to produce real economic growth. the problem now with high government pay and the big pension plans is we're creating life long government workers that are a burden on the people working in the real economy. if you get rid of them, they have incentive to gein the real world and cities will n longer have pension problems. >> david: well, rick, and the pension problems are just enor
preseason opener against detroit lions on friday. so sanchez takes a high road after getting this very rude tweet which reads f-you, hope you tear your acl on friday. my goodness. what people say on twitter really just shocks me. sanchez responded with a tweet saying, thanks for your support, man, #classy. >>> to pittsburgh now, a very special night for andrew mccutchen. not only did his mother sing the national anthem, yes, he got his 16th home run of the season. >> did it more mom. >> he did. >> you know it, momma looked very proud. >> great. >>> now to big plays in the little league. jacob garza and his corpus christi team won a spot on the little league world series. garza was pitch perfect and did not give up a hit during the game. then get this, mara, he hit a home run that gave his corpus christi texas team a 6-0 lead over new mexico. >> kid's on fire. >> glaugs to them. >> and gangem style danceoff that went intergalactic -- they're still doing it. they're still having star wars night. fans dress as darth vader and storm troopers showing the force is strong with the wielding light s
cities go bust like detroit, it time to take on pensions like the private sector is doing right now. >>> but first, stop the presses, the billionaire founder of amazon is buying a big newspaper. why another billionaire ventured my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start eir business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. >>> gu, we've got to fix things up, we're losing money fast. what is the difference between selling those guys and journalist guys? >> the journalist guys thing they're doing journalist work. that's a different standard than where everybody is economically tied together. they don't -- >> did they think -- >> did you think they were stupid, arrogant? >> oh, arrogant is a much better wo
for tonight or ever. >> another candidate john liu is posing that new york legalize marijuana. in detroit billboards paid by the city urged citizens to vote on september 2nd. but voting day is actually in october. candidates with more twitter mentions than their opponent won 404 of the 406 elections. it didn't matter if the twitter mentions were positive or negative. >>> actress jennifer garner seems optimistic about her husband ben affleck's future in politics. she tells "people" magazine that she wouldn't be surprise to see him go into politics. >>> first lady michelle obama is releasing a rap cd. michelle obama unfortunately does not sing on the album. that's your morning's dish of scrambled politics. >>> for the weather i'm joined by bill karins. >>> this morning, hope windows are open in many areas of the country. the 24-hour temperature change has made its way to the east coast. columbus is 16 degrees cooler than this time yesterday. d.c. is about 13 degrees cooler. it's 51 degrees right now in detroit, i mean, that's cool, that's jacket weather. same for buffalo and columbus, that
a little tiresome. it hasn't worked for four years. think detroit. >> thinking detroit, we're going to take up that issue later here in the broadcast with a congressman who wants the federal government to step in, do you think that that is going >> the house of representatives and the senate are not going to allow the president to throw american taxpayer money at detroit or other failed cities. detroit has had decades of warnings. they were spending too much, regulating too much, driving people out of the city, governing poorly. they didn't care, they thought they would be bailed out, they thought other people would pay for their mistakes and the answer is no. enough cities and many states have begun to turn themselves around on unfunded pension liabilities and civil service costs. those states, utah and wisconsin and new jersey and louisiana, those states are not going to loot their taxpayers to pay for cities and states that didn't do anything to take care of themselves. not happening. >> and let's turn now to immigration. word out today, breitbart.com reporting they have corroborating so
of compensation, rights, responsibility. not just some. >> you know, lee, in detroit where they just filed bankruptcy, they are actually talking about messing with people's pension. that the autobillionaires companies got bailed out and they're talking about taking workers pensions. and people want to know why we're marching? >> the retirees pensions in detroit average $19,000 a year. yet they want to attack the workers, they want to attack retirees. we've got to say no. we are not going to let that happen. they are using workers as scapegoats. that's one of the reasons we're out here tomorrow and we're going to be here until we're able to fight successfully for workers rights all over this country. it is a shame that folks would go after a retiree who makes $19,000 a year expecting they can sacrifice more. we've got to say no to that, al. all of us. our communities, our coalition partners, labor unions. we've got to say that's unacceptable in the richest country on the face of the earth. >> dennis, the speech we all remember was "i have a dream." but the person who called this march 50 ye
in detroit. let's bring in now, former governor of pennsylvania, and nbc news political analyst, ed rendell, also editor in chief of "parade" magazine maggie murphy. the latest issue of "parade" is a labor day report on putting america back to work. let's jump right into it now. manufacturing is returning, about five, six, seven years ago, you start ed realizing tha the cost of producing products in china were going up, the labor prices were going up with fuel costs up, shipping costs a lot more, companies in america started reorganizing. yesterday an extraordinary story about the uaw and ford joining arms, locking arms, 20,000 new jobs coming to detroit right away. i mean, things are really turning around. and you look forward over the next decade, it speeds up. we've got an energy boom coming. the likes of which we haven't seen in 100 years. it's going to get much cheaper to make products in america. >> it's going to get cheaper and the other thing along with companies and sort of the economics that it's good to grow some stuff here, consumers now connect by u.s. products, u.s. jobs. down
to avoid a detroit. >> i hea teachers accused of horrible things, they can't get fired, they have to set in a rubber room, i would fire them, let them sue me if i broke the contct, let them sue me for getting a child molest o molestf the city payroll, i am prepared to deal with that, there is hardly a politician today that could get elected without having to make a promise. neil: look at new york, one of the priest teen cities in -- pristine cities, this is the best we could do for candidate >> i agree. neil: so why condition guys like -- can't guys like you, bloomberg said i don't like the way it is going, why not you? >> i am a private person, i am doing this interview, i have turned down a lot. neil: i know, i appreciate it. >> i don't like going on television. >> you are good at it. >> i don't know about that. i want my private life, i don't want to be out in the public. neil: it is a hassle, that is the problem. >> i would love to be. neil: i talked with a lot of successful guys they say look at stuff theyel any on and focus on --el any onel dwell on. >> i would love to be mayor if
get an old-fashioned beating by the detroit lions. first time tom brady passes and he fumbles. detroit snatches the ball close to the 5. in the second quarter, brady throws a pick straight to chris houston. lions win, 40-9. yikes. to the ravens and panthers. check out this incredible punt return for a 54-yard touchdown. ravens quarterback joe flacco throws. oops, interception for a touchdown. panthers win, 34-27. >>> and you see that shirt rg3 is wearing? well, it's costing him 10 grand. griffin was fined for wearing this during warm-ups for an apparel violation. >> that's an expensive shirt. >> the league requires players to wear approved apparel for their respective teams. >>> and in baseball, milwaukee brewers' ryan braun released a statement apologizing for using banned substances. he admits taking performance-enhancing drugs during his 2011 national league mvp season. >>> and, well, this is truly bizarre, bill cowher, the broadcaster and super bowl winning coach with the pittsburgh steelers is featured in his girlfriend, queen bee's, music video and it appears he's wearing some ey
less for you. big thunderstorm complex diving down towards michigan. get ready in detroit. 6:00 to 7:00 a.m. in detroit. rain and thunderstorms heading your way. unsettled in new england. look at the middle of the country. this is as hot as it gets for this time of year. >> summertime still in effect. thank you, bill. >>> concerns over syria push stocks below the 15,000 mark and could cause gas prices to rise. >>> plus, a measles outbreak is causing major concerns. you're watching "first look" on msnbc. if you're seeing spots before your eyes, it's time for aveeno® positively radiant face moisturizer. [ female announcer ] aveeno® with soy helps reduce the look of brown spots in 4 weeks. for healthy radiant skin. aveeno®. naturally beautiful results. aveeno®. nascar is ab.out excitement but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and sto
: i have to ask you about detroit your city -- company is fond of the city you have a bright shiny new buildings so what does detroite do to make it out of the bankruptcy? >> there's been a lot of great things happening and we have been involved with that over the last two or three years to invest in the city. prate investment is tt the all-time high. that is certainly difficult but it is long overdue that this happened so we have to address the problems of this city in the bankruptcy is difficult but it is giving us the opportunity to deal with legacy issues to come out the other side. we have to get through the bankruptcy process and that will take ti but as we look at this we're bullish on the saight that they have great balance and great infrastructure to have our renaissance like it deserves gerri: great's information we appreciate you coming on. , back. >> my pleasure. i am happy to come back. gerri: a lot still to come how to turn your part-time job into full-time and the theyre sending college but what about loans for day care? i am not kidding. we will talk about it. next. ger
detroit, america is in big trouble. that's our show. see you next week.dends to watch, and have a great night. lori: a very good evening thank you so much peer being with us, i am lori rothman in for lou dobbs. >> obama administration making its case for taking military action against syria, briefing lawmakers about their conclusion that syria government carried out a large scale chemical weapons attack, tonight we speak with fox news military analyst, general jack king on whether the president is justified in takes action. even without the backing of allies or the united nations. >> and questionsemain about our involvement in libya. and the terrorist attack in benghazi, we'll talk with larry ward, a group of special operation veterans who are calling on house speaker john boehner to create a appreciate committee to -- special committee t investigate the attack. >> and administration refusing to enforce a law it does not like, now giving states green light to adopt regulation legalizing small amounts of marijuana, dobbs lawakes up the case with our attorneys, ww begin with new o
: detroit, once a shining example of america's industrial might, now is full of abandoned and run-down derelict buildings. coming up details on a new multimillion-dollar effort to fight the blight in the motor city. >>> plus a new report says the economy might be taking a toll on teens. analysts are raising the possibility of a lost generation? we'll tell you why. when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. jon: well right now in detroit a call for all hands on deck. city leaders asking residents to help save that bankrupt city and part of that means going street by street, building by dilapidated building, tearing the
donald's and other fast food chains. >> i was with them in detroit. >> you were probably out there with them. >> yes, i was. >> you were in detroit. they are pushing for higher wages because you were there and you know. they like the 15 dollar an hour mark there. no major changes yet because that was not the first strike. do you think a bigger change might be happening in the future? >> absolutely, richard. the thing that i've noticed is more and more government officials are joining these workers on the picket lines. we have had clergy, a lot of clergy with us that have been with these workers from the beginning in detroit. >> when will this break, though? >> i think that's a question that when you look at history, there's always been change. henry ford decided to make the five dollar day possible when nobody thought that was what autoworkers should earn. we have had janitors and security officers that were in minimum wage jobs that are now in living wage jobs because they joined together and said, we need to bargain with our employers to have wages that make sense, both for the employer and for wo
look to hike taxes on the nation? look no further than what tax hikes did to detroit. the forbes gang on top of that. first from getting pat-downs to getting a shakedown. why tsa already has travelers flying off the hook and calling my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robe ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. do you mind grabbing my phone and opening the capital one purchase eraser? i need to redeem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that flight right there. mmm hmmm. give it a few taps, and...it's taken care of. this is pretty easy, and i see it works on hotels too. you bet. now if you like that, press the red butto
? >> eric, i know you're joining us from detroit. a quick question regarding the sales for you guys, up more than 11%. but when you take a look at where trucks were, the real engine of your growth. are you seeing strength in one particular area of truck sales around the country, or is it pretty much across the board? >> it's pretty much across the board, phil. we are seeing some strength in some of the hotter housing markets, such as in california, new york and places like miami, but we're seeing truck strength really across the board. there really aren't any regions across the country that are down on trucks right now. >> while your truck sales were up 22.6%, i want to talk about the fusion, which is your top-selling car. sales down 12%. i know you were supply constrained because you were ramping up production at your flat rock assembly plant, but it brings up the question, did you leave some sales on the table last month? >> well, certainly if we had more inventory on some of our key vehicles like the fusion, we probably could have done even a little better than what we did on the retail s
the website. senate has only one t. it has since been fixed. >>> detroit could soon have company in bankruptcy court and if other municipalities or states wind up there, it could become the cause of a common affliction. chief national correspondent jim angle tonight on the unfunded pension peril. >> reporter: many state and city workers around the country are worried what happened in detroit may happen to them. abru bankrupt city that starts cut pension benefits. >> there's a tendency to overpromise, underfund them, and when a problem comes up, the actuary says put in so much, they're very ready to just defer that cost onto the next generation. >> reporter: some pensions have been improving, but a study found eight states have less than 60% of funds. illinois the worst at 45%. $138 billion short. >> every year lost is a much bigger challenge as one rolls forward. so they have to make either significant tax changes or they need to make significant benefit changes. >> reporter: politicians have nothing but unpopular choices, cut benefits, raise taxes, cut other programs to get the money. in chic
're going to see that -- >> in detroit. >> stop it. >> women. it's just going to be horrible. >> all right. >> how can you make cars when you're doing that? it's now -- it's now an industrial problem, willie. >> all morning -- >> why do you think the japanese are beating us? >> miley cyrus. >> miley cyrus. >> we're actually going to take an in-depth look at the causes of the financial crisis that gripped the city and the innovators who were working to dig it out. coming up today on "morning joe" -- >> and twerking. >> stop it. >> chris mathews will be joining us along with the "washington post" david ignatius, financial times gilleyen tett and dr. nancy schneiderman. up next the top stories in the politico playbook. bill karins with a check on the forecast. >> good morning. as far as the rim fire went in california yesterday, firefighters got a little bit of control. not a lot. we went from 7% containment to 20%. it's still threatening the drinking supply, the reservoir that supplies 80% of the water to san francisco. worried about the ashes contaminating the water as the fire continues to
. >>> if detroit didn't have enough problems filing for bankruptcy. politico poise onts out billboa in detroit advertise the wrong date for the city's general election. check it out. they urge citizens to vote september 2nd and it's november 5th. i'll add the #epic fail. by the way, they are expected to be fixed today. from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, . products like optional better car replacement, where if your car is totaled, we give you the money to buy one a model year newer. call... and ask an insurance expert about all our benefits today, like our 24/7 support and service, because at liberty mutual insurance, we believe our customers do their best out there in the world, so we do everything we can to be there for them when they need us. plus, you could save hundreds when you switch, up to $423. call... today. liberty mutual insurance -- responsibility. what's your policy? >>> celebrity chef paula deen is she on a comeback trail? the case was thrown out again
, responsibility. not just some. >> you know, lee, in detroit where they just filed bankruptcy, they are actually talking about messing with people's pension. that the autobillionaires companies got bailed out and they're talking about taking workers pensions. and people want to know why we're marching? >> the retirees pensions in detroit average $19,000 a year. yet they want to attack the workers, they want to attack retirees. we've got to say no. we are not going to let that happen. they are using workers as scapegoats. that's one of the reasons we're out here tomorrow and we're going to be here until we're able to fight successfully for workers rights all over this country. it is a shame that folks would go after a retiree who makes $19,000 a year expecting they can sacrifice more. we've got to say no to that, al. all of us. our communities, our coalition partners, labor unions. we've got to say that's unacceptable in the richest country on the face of the earth. >> dennis, the speech we all remember was "i have a dream." but the person who called this march 50 years ago was a labor leader nam
detroit. >> right. >> well, detroit is a great symbol of failure. anyway, thank you, glenn thrush. thanks for giving us the idea for the piece. what he is going took tomorrow about economic inequality, not just racial inequality. >>> up next, bachmann's stand. we're talking about michele bachmann. a new ebook just came out. more trouble for her. her staff is in revolt. even her own people on coming out against her on her way out. this is "hardball," the place for politics. ols... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announcer ] share more. save more. at&t mobile share for business. ♪ [ crisp crunches ] [ rumbling ] [ crisp crunches ] whoo-hoo-hoo! guess it was. [ male announcer ] pringles, bursting
"morning joe" and "way too early" will be live in detroit for the special report from motown. still ahead on "way too early," your best and most creative tweets on how to ruin a foreign tradition in america. [ whispering ] uh! i had a nightmare! the house caught fire and we were out on the streets. [ whispering ] shhh. it's only a dream. and we have home insurance. but if we made a claim, our rate would go up... [ whispering ] shhh. you did it right. you have allstate claim rate guard so your rates won't go up just because of a claim. [ whispering ] are we still in a dream? no, you're in an allstate commercial. so get allstate home insurance with claim rate guard... [ whispering ] goodnight. there are so many people in our bedroom. [ dennis ] talk to an allstate agent... [ doorbell rings ] ...and let the good life in. [ dennis ] talk to an allstate agent... a quarter million tweeters is beare tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and i
working for detroit did think th would get a reasonable retirement compensation the pension cut of even 20 percent could be devastating with the mismanagement of the budget is a reason to eliminate pensions. >> the it is helped to elect the same liberal idiots that lost their pension-fund they reaped the benefits now they should pay for their mistakes as the only way we will ever regain control of the lost government. >> great e-mail's. e-mail me. finally, it is frustrating not there as an individual investor first the.com both in the mortgage meltdown then the great recession. it is tough to keep the faith when your portfol and gyms around like a yo-yo but the top story of alternative investments points out the desperate place people will go to get a retn. the trouble there is many have exorbitant fees and the performance does not make it worthwhile to invest a think we should think of alternative investing in a different way but pick something you know, or love or somebody else and starts a new business american ingenuity comes in different packages. that is it for the "willis report."
in their own right. >> jeanette and her husband, william, came to chicago from detroit in 1921. a few years later, if you close friends and family began the greater open-door baptist church. >> in 1948, we organized open- door with the pastor and eight members. grownay, the church has to about 300 families with close to 2000 members. they are in the 1950s and 1960s, she was part of a group that fought to get chicago public schools open full-time for black students because before that time, many black kids only attended school part-time. >> i only attended school half a day until i was in the fifth grade. that was here in chicago. she was part of a group of activists to get it where kids could take school a full day. >> jeanette lemar acknowledges she has had a wonderful life, but don't tell her she has been lucky. >> i have not been lucky, i've been blessed. >> on her 100th birth a, she received a card and proclamation from a very special friend. >> we are grateful for your contribution to the american story and we wish you the best for your coming years. on behalf of barack obama and miche
in detroit, protecting the pensions of people attacked by a financial manager. they were affected by the changes of what took place in detroit. they've been spending a lot of time trying to straighten that out. >> a reminder 50 years ago this was a march for jobs and freedom, organized largely by a. phillip randolph, the great labor leader and the issue of union rights, labor rights, workers rights has always been deeply interconnected with civil rights in this country. >> there's no question about it. the unions are a little nervous as this continuing attack on collective bargaining, continual attack and the introduction of legislation in right to work states, this is being introduced. local elections are taking ahold and attacking workers and depressing wages. this is a big part of what afsme has been focusing on. they're at the pinnacle of the fight right now of what's going on in michigan. >> it's almost impossible to imagine how we can talk about closing a racial inequality gap without also talking at the exact same time about the economic equality that is so critical in our
's interesting. i'm running out of time and i've got to get to this. the mcdonald's in bankrupt detroit was closed yesterday because of that $15 per hour fiat wage that they staged a strike. and bankrupt detroit's mcdonald closed. what, have you got anything to say about this $15 an hour fast food wage? >> this is unbelievable, stuart. it's so easy for the unions and politicians to go after multi-billion dollar corporations, these ceo's, who this has nothing to do with mcdonald's. they don't control the franchise wage scale. so you have mom and pop stores that are affected by this. less than 5% of fast food workers are affected by minimum wage. the average minimum wage worker in the united states, the family brings in $53,000 a year, and this is a grab and they're trying to get it through the minimum wage argument. stuart: relax, john, you've got the beach behind you and you'll be there i'm sure. >> yes, sir. stuart: he's in bermuda. great weekend to you. the top of the hour we've got the man who wrote the book on unions. and does he think this administration is going to cave to the rec
anti-savings from the behavior. detroit would not have this now if we would not have a normal interest rate. that is a fact. lou: that is in a fact. there are so many other variables in there. we have this equilibrium of the employee unions, city governments that have been woefully lagged and managed. what are your thoughts about this from here? >> well i think people are getting far too historic about the potential quantitative easing. i think that a moderate reduction would be that dramatic. we gradually run out of people with high rate mortgages. you run out of other people who have benefits. so by definition, it has less of an impact. so it is more and more money producing less and less impact. it doesn't strike me as the right thing. lou: your outlook for growth ann appreciation of the markets? >> i think that we will stumble along mainly driven by a sharehder revolution. grant theexport licenses, six the balance, lower everyone's utility groups. that would really stimulate the economy and the market. lou: thank you for being on. we look forward to seeing you soon. up next, thousa
at local level, detroit, cleveland, cincinnati, pittsburgh, kansas city, every time they raisin come taxeraisincome taxes the p, cities like kansas and st. louis, said if we fry to try to hike taxes on income we have to revisit the law to make sure we do not lose population. neil: going around them so maybe rich don't notice? >> it about why we need tax reform. so complicated, that people say enough, they throw up hands say enough, i think this shows we need to comp hencively reform u.s. tax code. neil: do you know what i think. when you leave your country over tax rates -- >> on some levels, my sympathy goes with the little guy, who is caught up in this. neil: are you a citizen in both country? >> i am a green card holder here. neil: you have kissed the -- >> no, i a still a citizen. >> there is a double jeopardy ru. we have a treaty, brits and americans do still talk. neil: we love you to date, and who could forget monty python. here i thought donald trump ruthless when it came to firing people on the spot, the guy at aol has him beat by a mile, at least donald fires them in person
manufacturing. if you look at detroit and consider all of the things that went wrong, for me it just starts with our relationship with that which we make, our relationship with making things, you know. we're just missing the headline in the conversation over and over and over. >> if you had a piece of advise you could give to the president and to congress, what would you tell them? >> look, first of all, i'm not an expert, never want to put myself out there as one. i would say the reality of the situation right now, vis-a-vis alternative education, we have to make a case for the trades. we have to start with an awareness, a campaign, a public relations campaign that challenges perceptions and stigmas. three million shovel ready jobs from four or five years ago is a great idea, i had a dirty jobber tell me when that was announced, look, that will be a tough sell. you're talking to a country that no longer has a relationship with a shovel. you have to start at the beginning. so i would say let's maybe step back a little bit, have a broader conversation. i would say $1 trillion in student loan
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